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Home>Coins dealers headline>This is the last chart investors need to see ahead of the ‘Black Monday’ market crash anniversary

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This is the last chart investors need to see ahead of the ‘Black Monday’ market crash anniversary

IMG Auteur

USA Gold

Published : October 20th, 2020

86 words - Reading time : less than a minute

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	MarketWatch/Shawn Langlois/10-18-2020 “[O]n October 19, 1987, it got ugly in a hurry. Unsettling financial developments, including a widening trade deficit in the U.S., ‘portfolio insurance,’ lofty equity valuations and, perhaps most importantly, the rise of computer trading, slammed the stock market with a toxic combination that led to one of the worst trading days in history.” USAGOLD note: The chart is worth the visit – uncanny would be a good description. October is the month when markets have been known to go bump in the night.

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